Bank of Montreal Can Has $1.43 Million Stake in Knight-Swift Transportation Holdings Inc. $KNX

Bank of Montreal Can lifted its position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 6.7% during the second quarter, Holdings Channel.com reports. The firm owned 32,250 shares of the transportation company’s stock after buying an additional 2,037 shares during the quarter. Bank of Montreal Can’s holdings in Knight-Swift Transportation were worth $1,426,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in KNX. Cerity Partners LLC lifted its holdings in shares of Knight-Swift Transportation by 611.7% during the first quarter. Cerity Partners LLC now owns 34,074 shares of the transportation company’s stock worth $1,482,000 after buying an additional 29,286 shares in the last quarter. CWM LLC grew its stake in shares of Knight-Swift Transportation by 2,038.1% in the first quarter. CWM LLC now owns 56,147 shares of the transportation company’s stock valued at $2,442,000 after acquiring an additional 53,521 shares in the last quarter. Larson Financial Group LLC increased its position in Knight-Swift Transportation by 9,383.3% during the first quarter. Larson Financial Group LLC now owns 569 shares of the transportation company’s stock worth $25,000 after acquiring an additional 563 shares during the period. Verdence Capital Advisors LLC raised its stake in Knight-Swift Transportation by 14.5% in the 1st quarter. Verdence Capital Advisors LLC now owns 8,340 shares of the transportation company’s stock worth $363,000 after purchasing an additional 1,058 shares in the last quarter. Finally, Forum Financial Management LP grew its position in shares of Knight-Swift Transportation by 16.4% during the 1st quarter. Forum Financial Management LP now owns 5,518 shares of the transportation company’s stock worth $240,000 after purchasing an additional 776 shares in the last quarter. 88.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Knight-Swift Transportation news, CAO Cary M. Flanagan sold 4,300 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $45.04, for a total value of $193,672.00. Following the sale, the chief accounting officer owned 5,644 shares in the company, valued at $254,205.76. This trade represents a 43.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Michael K. Liu sold 3,420 shares of the company’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $43.41, for a total transaction of $148,462.20. The disclosure for this sale is available in the SEC filing. Company insiders own 3.00% of the company’s stock.

Knight-Swift Transportation Stock Performance

NYSE:KNX opened at $42.94 on Friday. Knight-Swift Transportation Holdings Inc. has a twelve month low of $36.69 and a twelve month high of $61.51. The company has a quick ratio of 0.89, a current ratio of 1.33 and a debt-to-equity ratio of 0.31. The stock’s 50-day simple moving average is $43.20 and its 200 day simple moving average is $43.67. The firm has a market capitalization of $6.97 billion, a PE ratio of 48.80, a price-to-earnings-growth ratio of 0.89 and a beta of 1.14.

Knight-Swift Transportation (NYSE:KNX) last posted its earnings results on Wednesday, October 22nd. The transportation company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.06). Knight-Swift Transportation had a return on equity of 2.98% and a net margin of 1.90%.The company had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period last year, the company posted $0.34 EPS. The firm’s revenue was up 2.7% compared to the same quarter last year. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. On average, analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current fiscal year.

Knight-Swift Transportation Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 22nd. Investors of record on Friday, December 5th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Friday, December 5th. This represents a $0.72 annualized dividend and a yield of 1.7%. Knight-Swift Transportation’s dividend payout ratio is presently 81.82%.

Wall Street Analyst Weigh In

KNX has been the subject of a number of recent analyst reports. TD Cowen upped their target price on Knight-Swift Transportation from $44.00 to $53.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Morgan Stanley dropped their price target on Knight-Swift Transportation from $68.00 to $67.00 and set an “overweight” rating for the company in a research note on Monday, October 6th. Citigroup cut their price objective on shares of Knight-Swift Transportation from $54.00 to $53.00 and set a “buy” rating for the company in a research report on Monday, October 13th. Wells Fargo & Company decreased their target price on shares of Knight-Swift Transportation from $50.00 to $48.00 and set an “overweight” rating on the stock in a report on Monday, October 6th. Finally, Evercore ISI dropped their target price on shares of Knight-Swift Transportation from $47.00 to $42.00 and set an “in-line” rating for the company in a research report on Tuesday, September 30th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $53.29.

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc, together with its subsidiaries, provides freight transportation services in the United States and Mexico. The company operates through four segments: Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The Truckload segment provides transportation services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations.